Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) Receives Average Recommendation of “Moderate Buy” from Analysts

Posted by George Bondi on Oct 6th, 2026

Shares of Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR – Get Free Report) have received a consensus rating of “Moderate Buy” from the seven research firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $21.16.

A number of research analysts have recently commented on PBR shares. Zacks Research upgraded Petroleo Brasileiro S.A.- Petrobras from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. JPMorgan Chase & Co. upped their target price on shares of Petroleo Brasileiro S.A.- Petrobras from $23.00 to $24.00 and gave the company an “overweight” rating in a research note on Tuesday, September 1st. UBS Group raised their price target on shares of Petroleo Brasileiro S.A.- Petrobras from $22.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. Wall Street Zen upgraded shares of Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a research report on Friday, August 7th.

Read Our Latest Stock Analysis on PBR

Hedge Funds Weigh In On Petroleo Brasileiro S.A.- Petrobras

Hedge funds and other institutional investors have recently made changes to their positions in the business. WINTON GROUP Ltd bought a new position in Petroleo Brasileiro S.A.- Petrobras during the second quarter worth about $695,000. NewEdge Advisors LLC lifted its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 18.3% during the second quarter. NewEdge Advisors LLC now owns 25,724 shares of the oil and gas exploration company’s stock valued at $416,000 after acquiring an additional 3,971 shares during the period. Baird Financial Group Inc. grew its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 7.0% in the 2nd quarter. Baird Financial Group Inc. now owns 94,228 shares of the oil and gas exploration company’s stock worth $1,523,000 after purchasing an additional 6,153 shares during the last quarter. Carrhae Capital LLP bought a new position in Petroleo Brasileiro S.A.- Petrobras during the 2nd quarter valued at about $87,456,000. Finally, West Family Investments Inc. bought a new stake in Petroleo Brasileiro S.A.- Petrobras during the second quarter worth about $168,000.

Petroleo Brasileiro S.A.- Petrobras Stock Up 11.4%

PBR stock opened at $24.12 on Tuesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.85 and a quick ratio of 0.58. The company has a 50-day moving average of $19.71 and a two-hundred day moving average of $19.32. The stock has a market capitalization of $155.44 billion, a price-to-earnings ratio of 6.09, a price-to-earnings-growth ratio of 0.85 and a beta of 0.29. Petroleo Brasileiro S.A.- Petrobras has a 52-week low of $11.43 and a 52-week high of $24.76.

Petroleo Brasileiro S.A.- Petrobras Announces Dividend

The company also recently announced a special dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, August 25th will be paid a $0.2649 dividend. The ex-dividend date is Tuesday, August 25th. Petroleo Brasileiro S.A.- Petrobras’s dividend payout ratio is presently 10.86%.

Key Stories Impacting Petroleo Brasileiro S.A.- Petrobras

Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:

Positive Sentiment: Second Amapá oil discovery strengthens exploration outlook: Petrobras identified another oil-bearing interval in the FZA-M-59 block in the Foz do Amazonas Basin. Electrical logs, rock samples and fluid samples supported the finding, adding to an earlier discovery and advancing the company’s Equatorial Margin exploration campaign. Three additional wells are planned for 2027, potentially improving long-term production and reserve growth. Petrobras Scores Second Oil Find in Foz do Amazonas Basin
Positive Sentiment: Brazilian-election rally lifts PBR and other locally exposed stocks: Right-wing Senator Flávio Bolsonaro’s unexpected first-round lead over President Luiz Inácio Lula da Silva triggered a broad rally in Brazilian equities, including U.S.-listed shares. Investors may be anticipating more market-oriented economic policies, improved investor sentiment and potentially less government intervention at Petrobras. Brazilian stocks soar as Flávio Bolsonaro takes surprise election lead
Neutral Sentiment: Political gains remain preliminary: Bolsonaro’s lead came in the first round, so the eventual election result and its implications for Petrobras’ pricing, investment and dividend policies remain uncertain. The rally may therefore remain sensitive to polling and campaign developments. XP Inc. and Other Stocks Surging After Brazil’s Election Shock
Neutral Sentiment: Discovery is not yet a confirmed commercial field: Petrobras will need further appraisal work to determine the size, quality and economic viability of the Amapá accumulation. Petrobras reports new oil discovery in Amapá block FZA-M-59

About Petroleo Brasileiro S.A.- Petrobras

(Get Free Report)

Petróleo Brasileiro SA, commonly known as Petrobras, is a Brazilian state-controlled, integrated energy company headquartered in Rio de Janeiro. Founded in 1953, the company is engaged primarily in the exploration, development, production, refining, transportation and marketing of oil and natural gas.

Petrobras has a major focus on offshore operations, particularly the development of Brazil’s pre-salt oil fields in the Santos and Campos basins. Its activities also include the processing and sale of petroleum products, natural gas and biofuels, as well as participation in power generation and other energy-related businesses.

The company serves the Brazilian market through its production, refining, logistics and distribution activities and has historically maintained international operations and partnerships.